1Z0-466 | Renovate 1Z0-466 Exam Study Guides With New Update Exam Questions


Q1. Select the three major activities in the Project Start Up phase. 

A. Develop Staff Plan and Budget 

B. Manage Project Quality 

C. Validate Scope, Stakeholders, and OCM Strategy 

D. Review Bid and Contract 

E. Establish Estimate 

F. Develop DetailProject Plan 

Answer: A,C,D 

Explanation: *The Project Start Up phase precedes the Inception phase. Project startup is where all of the projectplanning activities take place and where policies, procedures, and strategies are defined for each of theprocesses, which govern the conduct of the engagement. 

*In OUM Manage, one of the first activities that occur during the Project Startup phase involves the Project Manager and the client (Project Sponsor) jointly creating the Project Management Framework. This framework establishes the ground rules for the project and is the first step in communicating, establishing trust, and setting expectations. 

The key focus for the remainder of the Project Startup Phase is to evolve the Project Management Framework into a detailed Project Management Plan based on the agreed upon foundation. In prior versions of OUM Manage, the equivalent work product was named the “Terms of Reference”. Literally, this was the work product referenced to sort out problems when future misunderstandings occurred. 

Incorrect: Not B Not F 

Q2. What describes the initial Iteration Plan for the Inception phase? 

A. It is a static plan, which is set during Bid Transition. 

B. It is created in the Project Startup Phase. 

C. It focuses on the milestones for the Elaboration Phase. 

D. It is not needed because Inception is a short phase. 

Answer:

Explanation: 

Note: The overriding goal of the Inception phase is to gain concurrence among all stakeholders on the lifecycle objectives for the project. The Inception phase is critical for all projects because the scope ofthe effort, the high-level requirements, and the significant risks must be understood before the projectcan proceed. The Inception phase is used to kick off a project; review the strategic direction of thebusiness; and confirm, document, and prioritize the high-level business requirements for the project. It is also the time to begin assembling and integrating the project team, to scope the entire engagement,and develop the initial project plan. 

Q3. Inthe following diagram, wherewould thearrowfrom the extension usecase, Get AdditionalCollateral,begin and end? 

A. Begin at Get Additional Collateral and end at Review Loan for approval 

B. Begin at Review Loan for Approval and end at get Additional Collateral 

C. Begin at the Loan approver and end at get Additional Collateral 

D. Begin at get Additional Collateral and end at CPS actor 

Answer:

Q4. Which identifies the quality standards that are relevant to the project and how to satisfy them? 

A. Quality Assurance 

B. Quality Control 

C. Quality Planning 

D. Process Improvement 

Answer: A,D 

Q5. Select the three statements that are true about the OUM Manage focus area. 

A. It is aligned with the Project management Institute’s Project management Body of Knowledge (PMBOK). 

B. It is Oracle’s standard is on configuration of applications. 

C. Its main focus is on configuration of applications. 

D. It is appropriate for managing all types of Oracle Consulting engagements. 

E. It is used to gather requirements and analyze, design, build, and test custom software. 

F. It provides a framework for development of services that supports enterprise or strategic-level interactions. 

Answer: D,E,F 

Explanation: Project management enables the project manager to manage delivery of an agreed upon level of solution quality while planning for and controlling the scope, cost, and schedule. 

The Manage focus area has three phases: 

Project Start Up Phase 

Project Execution and Control Phase 

Project Closure Phase 

Q6. What does OUM Manage recommend for stakeholder involvement? 

A. the project sponsor is the only stakeholder involved in Bid Transition 

B. the steering committee is formed during Project Execution and Control 

C. stakeholders be engaged early in the project 

D. only internal stakeholders should identify risks and issues 

E. work products are reviewed by all stakeholders identified in the contract 

Answer:

Explanation: 

Note: *Where is Stakeholder Management in OUM? Stakeholder Management typically falls into the purview of the Project Manager, which means much of the associated guidance is found in the OUM Manage Focus Area (a.k.a. Manage). There is also a good deal of content related to the discipline of Stakeholder Management contained in the Implement Focus Area (a.k.a Implement). 

There is no process in Manage named Stakeholder Management, but this “touch point” can be found in a variety of other processes including Bid Transition (BT), Communication Management (CMM) and Organizational Change Management (OCHM). 

. Stakeholder Management starts in the Bid Transition process with Stakeholder Analysis. 

. This Stakeholder Analysis is used to build the Project Team Communication Plan in the Communication Management process. 

. Stakeholder Management should be executed during the Execution and Control phase. For example, as issues are resolved, the project manager should take the action item to follow up with the affected stakeholders to ensure they are aware that the issue has been resolved. 

. The broader topic of Stakeholder Management is also addressed very thoroughly in the Organizational Change Management process in the Implement Focus Area, which is a touch point to the Organizational Change Management process in Manage. 

Q7. Using the 2 x 2Urgency/ImportanceMatrix below, select the use case withhighestpriority. 

A. UC2 

B. UC4 

C. UC6 

D. UC8 

E. UC10 

Answer:

Q8. Select the typeof use case scenarioindicatedby the redline in the followingpicture. 

A. Exception 

B. Main Success 

C. Alternate 

D. Secondary 

Answer:

Explanation: An alternative flow Definition: A conditional set of steps that are an alternative to one or more steps in another flow (the alternative flow is performed instead of the other step or steps), after which the use case continues to pursue its goal. 

Example: 

VanGalenNov13 IMG03 

Q9. Tasks in the Project Execution and Control phase are ongoing. How often are they executed? 

A. In each iteration 

B. In each Phase 

C. Five times per iteration 

D. At the beginning of each week 

E. As needed 

Answer:

Q10. Select the three major activities in the Project Closure phase. 

A. Manage Project Workplan 

B. Gain Acceptance 

C. Complete Project Management Plan 

D. Close Processes and Contract 

E. Document Lessons Learned and Archive Project 

F. Customer Acceptance 

Answer: B,D,F 

Explanation: *The Project Closure phase occurs after the Production phase. During this phase, the project is “closed” from an administrative and contractual standpoint. This includes making sure that the projectwork products are complete and meet the customer’s expectations; gaining finalacceptance(F); andsecuring all documents(E)for reuse, collection and retention. 

*Project Closure Phase is the last phase of the Project Life Cycle. The commencement of the Project Closure Phase is determined by the completion of all Project Objectives and acceptance of the end product by the customer. Closure of any financial issues,Collection and Completion of All Project Records & Archiving of All Project Records are typical elements of this phase.